[thinkfloyd14]

This is a very rough first half of a paper I have due tomorrow. Its an opinion paper, I just need someone to proofread grammar and sentence structure. I have to write an opinion based upon an article in The Economist about Inequality In America (pertaining to income). If your interested in the full article just say so and I can post that too if you want.
Thanks

The United States of America began its life as a democracy, a government in which capitalism is substantial. America does not reflect any sort of communistic values or practices, and because of this: there will always be economic inequality under its name. The article confirms the belief that America tolerates this inequality; consequently, this is the only way capitalism can be achieved. The difficulty in capitalism is trying to balance itself within the entire communal population. Capitalism may seem like an oxymoron when you cite one of the basic principles of democracy, which is that America promises equality to all people, or that all people are created equal. This is true, but American democracy cannot promise economic equality to all its citizens; it can only promise equal opportunity to attain similar economic levels between its people.
A major issue constraining America’s ability to balance its economic distribution is that the richer are effectively attaining more wealth than before. Since the working rich are achieving higher income, this translates to the idea that capitalism is working because the rich keep working or trading to become wealthier. The article defines this perception as untrue based on the study that if your parents are rich, proportionally you will become rich. This means that most generations reflect upon the next generation in the sense of pure income. In order to measure the gap between the polar classes, one can look at the wages, which is how most people earn their income. Not many people inherit fortunes or own an abundance of property to rent or lease. The author stresses that no matter how you measure income inequality, income is skewed toward the rich.
The typical American worker falls into the middle class of income. After 2000, while the richer wages had risen, the middle class income had increased less than 1%. While the economic gap between classes has widened recently, these statistics support the claim that money is being acquired by extremely high income individuals and large companies. High skilled workers are the ones that endure an increase in their pay packets after 2000. This may be because of the rise of newer technology. One way very high skilled workers can be more productive is by pertaining globally instead of locally because of communication technologies that allow a static enterprise to be more dynamic by communicating or trading on a much grander scale. Moderate skill workers are taking a major blow because their work is no longer needed due to advanced technology and outsourcing. Education is important as well because one could say that your educational background can determine you level of skill as a worker. Thus; the more educated you are contributes to the level of skill you obtain, which ultimately reflects your income.




k im gonna go start the second half if i can stay awake